Korea fines Chinese e-commerce platform Temu over deceptive promotions

Korea’s antitrust watchdog said it has fined Temu for misleading Korean consumers through deceptive promotional campaigns, marking the first regulatory sanction imposed on the Chinese e-commerce platform by the agency. According to Korea Times, The Fair Trade Commission said it has imposed a fine of 357 million won ($260,000) on Temu for violating the law […]